The BRICS group — named after its five founding members, Brazil, Russia, India, China and South Africa — has become a broader grouping of non-Western countries that wants to stay out of growing U.S.
The BRICS nations claim to offer an alternative to world leadership by the United States and its Western allies. In practice though, last week’s BRICS gathering in Russia illustrated once again ...
BRICS leaders, including Russian President Vladimir Putin and Chinese leader Xi Jinping, have publicly voiced their commitment to jointly introduce an alternative payment system that would not be ...
The recent Brics summit in the Russian city of Kazan was less notable for what happened at the meeting than for what happened before, on the margins, or not at all. Among the notable things that did ...
A former U.S. ambassador has suggested that U.S. efforts to counter China have prompted the Chinese government to build up BRICS, the group of rising powers that is challenging the U.S.-led world ...
Siladitya Ray is a New Delhi-based Forbes news team reporter. The head of India’s central bank on Friday said the country was not pursuing a policy of de-dollarization and no decisions have been made ...
A few days before the 16th BRICS Summit got underway in Kazan in October, Russia, the organizers of this key conclave advised attendees to bring along U.S. dollars and euros as Russian banks ...
Putin is using the BRICS summit to project strength and counter Western isolation, while also pushing for initiatives like an alternative payment system and grain exchange. BRICS members are ...
See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Against the backdrop of his ongoing war on Ukraine, Russia's President ...
As Russian President Vladimir Putin hosts leaders for the 16th annual BRICS summit, he's looking to signal to the West that Moscow is not isolated on the world stage. Putin will drive that message ...
Editor’s note: This story has been updated to remove an inaccurate attribution. We regret the error. In Rio de Janeiro’s Itamaraty Palace, Brazilian President ...
Leaders of the BRICS nations are meeting in New Delhi for a summit focused on trade, investment and global conflicts. Indian ...